Investors flock to Mid Europa fund

By

Nicholas Lockley

January 10, 2006 5:00 pm GMT

Mid Europa Partners, the largest private equity firm focused on central Europe, has closed its second fund 30% above its target with €650m ($786m), making it the biggest fund ever to be raised for the region.

At its launch in May the original target of the Emerging Europe Convergence Fund II was €500m.